The contours of President Trump’s trade agenda continue to solidify even as specifics remain scarce. On March 10, 2017, newly confirmed Secretary of Commerce Wilbur Ross held meetings and a joint press conference with Mexican Economy Secretary Ildefonso Guajardo Villareal. Topics discussed included the Trump administration’s proposed renegotiation of the North American Free Trade Agreement (NAFTA). Secretary Ross announced that, in the coming weeks, the White House hopes to notify Congress of the administration’s intent to open trade talks on NAFTA and initiate the 90-day congressional consultation period before negotiations can legally begin, a process the Mexican government has already started. The administration has been noncommittal on the notification date, but, based on Secretary Ross’s timeline, the earliest that the United States could join NAFTA renegotiation talks would be mid- to late-June.
Read more at Akin Gump's What's New In Washinton (Mar 17)